Singapore-based Swiber Holdings announced that it has completed the first floatover platform for Oil and Natural Gas (ONGC) B-193 Field Development project in India.

As part of the project, Swiber carried out floatover installation of a 13,000 MT AP process platform and an 8,000 MT AQ living quarter platform, as well as installed bridges and flares.

A consortium partner undertook the fabrication of the topsides, jackets and other structures at their yard in Malaysia.

For the project, Swiber deployed its Derrick Pipelay barge Swiber PJW3000 and two floatover barges Holmen Atlantic and Holmen Pacific, supported by other support vessels, located at offshore Mumbai in India.

Swiber said that floatover installation is as a reliable and cost-effective alternative as topside weights are increasingly exceeding floating crane lifting capacities.

Swiber executive chairman Raymond Goh said that the completion of the work on B-193 Field Development Project is a significant milestone for the company.

"The successful execution and completion of B-193, which marks the first time that any company has used floatover methods for offshore field development in India, is a testament to Swiber’s excellent engineering capabilities and asset strength," Goh added.

ONGC chairman and managing director Sudhir Vasudeva said, "ONGC joins Swiber in celebrating the success of the first-of-its-kind floatover installation in offshore Indian waters for the B-193 Field Development Project."

"This is a noteworthy milestone for offshore exploration and development, as it is the first time that floatover installation methods have been used in India," Vasudeva added.

The B-193 cluster field, which is slated to be completed in 2013, will add 28,000 barrels per day to peak oil production, reported The Economic Times.